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2019 | 5 (19) | nr 1 | 12--31
Tytuł artykułu

Strategic Trade and FDI Policies in a Unionized Industry

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper analyzes the differences between strategic trade and the competition policies (in the form of inward Foreign Direct Investment) to regulate a unionized monopoly in the domestic country. With decentralized negotiations both policies reduce labour and product market distortions. However the fixed cost for the foreign entrant and the degree of product differentiation determine which policy should be implemented to maximize national welfare, and the cases in which the domestic government can intervene, to achieve a Pareto-improvement.(original abstract)
Rocznik
Tom
Numer
Strony
12--31
Opis fizyczny
Twórcy
  • Kozminski University
Bibliografia
  • Buccella, D. (2012). Unionized monopoly regulation: Strategic trade vs. domestic competition policies. Economics Bulletin, 32(1), 932-940.
  • Bughin, J., & Vannini, S. (1995). Strategic direct investment under unionized oligopoly. International Journal of Industrial Organization, 13, 127-145.
  • Dube, A., & Reddy, S. (2013). Threat effects and trade: Wage discipline through product market competition. Journal of Globalization and Development, 4(2), 213-252.
  • Eckel, C., & Egger, H. (2009). Wage bargaining and multinational firms. Journal of International Economics, 77(2), 206-214.
  • European Foundation for the Improvement of Living and Working Conditions. (2009). Multinational companies and collective bargaining. Retrieved from http://www.eurofound. europa.eu/eiro/studies/tn0904049s/tn0904049s.htm.
  • Glass, A. J., & Saggi, K. (2005). Exporting versus direct investment under local sourcing. Review of World Economics, 141( 4), 627-647.
  • Haucap, J., & Wey, C. (2004). Unionisation structure and innovation incentives. Economic Journal, 114, 149-165.
  • Ishida, J., & Matsushima, N. (2009). Domestic competition and foreign direct investment in unionized oligopoly. The Institute of Social and Economic Research Discussion Paper No. 757. Osaka: Osaka University.
  • Lommerud, K. E., Meland, F., & Sorgard, L. (2003). Unionised oligopoly, trade liberalisation and location choice. Economic Journal, 113(490), 782-800.
  • Mezzetti, C., & Dinopoulos, E. (1991). Domestic unionization and import competition. Journal of International Economics, 31, 79-100.
  • Mukherjee, A., & Broll, U. (2007). Welfare effects of foreign direct investment: cost saving vs. signaling and welfare. Journal of Economics, 90(1), 29-43.
  • Mukherjee, A., & Sinha, U. B. (2016). Competition, foreign direct investment and welfare. Economics Letters, 139, 43-45.
  • Naylor, R. (1998). International trade and economic integration when labour markets are generally unionised. European Economic Review, 42, 1251-1267.
  • Naylor, R. (1999). Union wage strategies and international trade. Economic Journal, 109(452), 102-115.
  • Naylor, R., & Santoni, M. (2003). Foreign direct investment and wage bargaining. Journal of International Trade and Economic Development, 12(1), 1-18.
  • New York Times. (1987, June 2). Nissan's revolution in Britain.
  • Pagel, B., & Wey, C. (2013). Unionization structures in international oligopoly. Labour, 27(1), 1-17.
  • Petrakis, E., & Vlassis, M. (2004). Endogenous wage-bargaining institutions in oligopolistic industries. Economic Theory, 24, 55-73.
  • Vandenbussche, H. (2000). Trade policy versus competition policy: Substitutes or complements?.De Economist, 148, 625-642.
  • Vandenbussche, H., & Konings, J. (1998). Globalisation and the effects of national versus international competition on the labour market: Theory and evidence from Belgian firm level data. World Economy, 21, 1151-1177.
  • Vlassis, M., & Mamakis, S. (2014). Optimal strategies in unionized oligopoly and inward FDI (Department of Economics Working Paper Series No. 1402). University of Crete.
  • Zhao, L. (1995). Cross-hauling direct foreign investment and unionized oligopoly. European Economic Review, 39, 1237-1253.
  • Zhao, L. (1998). The impact of foreign direct investment on wages and employment. Oxford Economic Papers, 50, 284-301.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171548155

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